The Manufacturers Life Insurance Company Invests $13.27 Million in Lattice Semiconductor Corporation $LSCC

Key Points

• The Manufacturers Life Insurance Company acquired 86,763 Lattice Semiconductor shares worth approximately $13.27 million, joining other institutional investors that collectively own 98.08% of the stock.
• Lattice reported stronger-than-expected quarterly results, with EPS of $0.53 versus the $0.44 consensus estimate and revenue of $201.08 million, up 62.2% year over year. The company guided for third-quarter EPS of $0.54–$0.58.
• Despite a 5% decline to $114.40, analysts maintain a broadly positive outlook, with an average “Buy” rating and a $147.46 price target; insiders, however, have sold 28,502 shares worth about $4.01 million over the past three months.

The Manufacturers Life Insurance Company bought a new stake in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 86,763 shares of the semiconductor company's stock, valued at approximately $13,271,000. The Manufacturers Life Insurance Company owned approximately 0.06% of Lattice Semiconductor at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Danske Bank A S purchased a new stake in Lattice Semiconductor in the second quarter worth about $46,000. Meeder Asset Management Inc. purchased a new position in shares of Lattice Semiconductor during the 2nd quarter worth approximately $46,000. iSAM Funds UK Ltd bought a new position in shares of Lattice Semiconductor in the 3rd quarter worth approximately $25,000. Smartleaf Asset Management LLC lifted its stake in shares of Lattice Semiconductor by 462.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 394 shares of the semiconductor company's stock valued at $29,000 after purchasing an additional 324 shares during the period. Finally, Measured Wealth Private Client Group LLC purchased a new position in shares of Lattice Semiconductor in the 3rd quarter valued at approximately $31,000. 98.08% of the stock is owned by institutional investors.

Lattice Semiconductor Trading Down 5.0%

Lattice Semiconductor stock opened at $114.40 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.02 and a quick ratio of 2.33. Lattice Semiconductor Corporation has a one year low of $60.50 and a one year high of $157.01. The stock has a market capitalization of $15.67 billion, a PE ratio of 440.00, a price-to-earnings-growth ratio of 1.83 and a beta of 1.81. The business's fifty day moving average is $130.58 and its 200 day moving average is $119.78.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last issued its earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share for the quarter, topping analysts' consensus estimates of $0.44 by $0.09. The business had revenue of $201.08 million during the quarter, compared to analyst estimates of $185.50 million. Lattice Semiconductor had a return on equity of 10.92% and a net margin of 5.58%.Lattice Semiconductor's revenue was up 62.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.24 EPS. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. On average, sell-side analysts predict that Lattice Semiconductor Corporation will post 1.12 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have commented on LSCC. Rosenblatt Securities reissued a "buy" rating and set a $175.00 price objective on shares of Lattice Semiconductor in a research report on Tuesday, August 4th. Zacks Research upgraded shares of Lattice Semiconductor from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 10th. Wall Street Zen cut shares of Lattice Semiconductor from a "strong-buy" rating to a "buy" rating in a research report on Saturday. Weiss Ratings reissued a "hold (c-)" rating on shares of Lattice Semiconductor in a research report on Friday, July 17th. Finally, Benchmark started coverage on shares of Lattice Semiconductor in a research note on Tuesday. They set a "buy" rating and a $160.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of "Buy" and an average target price of $147.46.

Insider Activity at Lattice Semiconductor

In other news, SVP Pravin Desale sold 2,039 shares of the business's stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $142.89, for a total transaction of $291,352.71. Following the completion of the transaction, the senior vice president directly owned 73,519 shares of the company's stock, valued at $10,505,129.91. The trade was a 2.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Tracy Ann Feanny sold 1,880 shares of the stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $126.43, for a total transaction of $237,688.40. Following the transaction, the senior vice president owned 60,221 shares in the company, valued at approximately $7,613,741.03. This trade represents a 3.03% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 28,502 shares of company stock valued at $4,005,820. Insiders own 0.62% of the company's stock.

Lattice Semiconductor Profile

Lattice Semiconductor Corporation is a U.S.-based semiconductor company specializing in low-power, small-footprint programmable logic devices. The company's product portfolio centers on field-programmable gate arrays (FPGAs), programmable logic devices (PLDs) and related intellectual property cores that enable customers to implement custom digital functions in applications where energy efficiency and compact size are critical. Lattice's solutions are widely used to accelerate edge computing, support video and sensor interfaces, and provide flexible I/O connectivity across a variety of end markets.

The company offers a range of FPGA families, including the iCE40 series for ultra-low power mobile and consumer applications, the MachXO series for embedded control and security, and the ECP5 series for midrange performance in communications, industrial automation and automotive domains.

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